Answer the following statement(s) true (T) or false (F)
1. Complexity addresses the degree to which the environment is stable.
2. The service sector accounts for 60% of the jobs in the U. S. Economy.
3. Changes in technology can have a negative impact on organizations.
4. A well-defined and broadly accepted mission is a guarantee of success.
5. The strategic management process is the action the organization takes to execute the strategy it has formulated.
1. False
2. False
3. True
4. False
5. False
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If the proportionate ownership method of accounting for business combinations were to be used throughout the ownership range, it would be an example of:
a. finite uniformity. b. flexible uniformity. c. rigid uniformity. d. definable uniformity.
A person's belief that a specific behavior is socially or personally preferable to another behavior reflects that person's
A. values. B. personality. C. attitude. D. lifestyle.
Match each scenario with the type of structure that it most clearly illustrates.
A. Team-based structure B. Lattice structure C. Matrix structure D. Network organization E. Prebureaucratic structure F. Functional structure G. Bureaucratic structure
You have been assigned the task of explaining why the study of economics is important for business. Discuss the concepts of economics, microeconomics, and macroeconomics.
What will be an ideal response?